LBRDK Options History — January 2020

In January 2020, LBRDK traded between $126.00 and $132.91. ATM implied volatility averaged 26.0%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 14.2% (HV 20d: 11.8%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.12.

Notable Days

2020-01-27: Highest Volume — 41 contracts
2020-01-10: Largest IV spike — 60.1% change
2020-01-14: Highest IV Rank — 53.7%
2020-01-30: Largest Expected Move — 10.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$129.48	$126.00	$132.91	$126.00	$132.91
Max Pain	$114.09	$110.00	$115.00	$110.00	$115.00
ATM IV	26.0%	16.1%	38.6%	18.7%	16.1%
Expected Move	6.9%	4.6%	10.5%	5.4%	4.6%
HV 20d	11.8%	8.7%	19.4%	15.2%	19.4%
HV 60d	16.5%	13.5%	18.0%	17.9%	16.4%
IV Rank	26.4%	5.0%	53.7%	10.7%	5.0%
IV Percentile	56.7%	5.2%	97.2%	19.0%	5.2%
Term Structure	-2.0%	-12.6%	2.6%	2.0%	0.3%
VWIV	28.0%	21.1%	39.5%	21.1%	23.1%
Skew 25d	5.5%	-2.3%	12.3%	10.2%	7.6%
Skew 10d	9.3%	-1.7%	21.1%	2.0%	-0.9%
Call IV 25d	24.3%	16.3%	38.9%	16.3%	17.1%
Put IV 25d	29.8%	23.9%	40.8%	26.5%	24.7%
Bid-Ask Spread %	102.23	80.83	117.38	107.27	111.00
Gamma HHI	0.28	0.23	0.34	0.29	0.25
Net GEX	-16.4K	-20.8K	-1.4K	-20.4K	-16.7K
Net DEX	56.7K	-179.2K	174.9K	174.9K	-179.2K
Net VEX	-3.2K	-4.3K	-2.7K	-3.5K	-3.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.12	0.00	0.95	0.00	0.25
Total Volume	3.476	0	41	0	5
Total OI	228.619	213	264	220	264

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2020-01-02	$126.00	$110.00	18.7%	5.4%	15.2%	10.7%	0.0%	10.2%	2.0%	-20.4K	174.9K	-3.5K	0.00	107.27	0	0	22	198
2020-01-03	$127.54	$110.00	21.0%	6.0%	13.9%	15.6%	21.1%	7.3%	1.5%	-18.0K	162.5K	-3.5K	0.00	117.38	2	0	22	198
2020-01-06	$128.03	$0.00	20.8%	6.4%	13.2%	15.2%	0.0%	12.3%	-1.8%	-16.2K	116.1K	-3.3K	0.00	101.33	0	0	24	198
2020-01-07	$128.70	$0.00	25.6%	6.6%	13.0%	25.5%	0.0%	-1.2%	-1.5%	-15.8K	103.1K	-3.3K	0.00	102.27	0	0	24	198
2020-01-08	$128.91	$0.00	24.2%	6.3%	12.4%	22.5%	0.0%	4.7%	-2.6%	-16.3K	95.1K	-3.3K	0.00	102.39	0	0	24	198
2020-01-09	$129.47	$0.00	20.2%	6.7%	11.1%	13.8%	0.0%	6.2%	0.3%	-13.8K	73.0K	-3.2K	0.00	100.33	0	0	24	198
2020-01-10	$128.69	$0.00	32.3%	6.5%	11.3%	40.0%	0.0%	3.8%	-1.5%	-17.5K	66.9K	-3.1K	0.00	112.06	0	0	24	198
2020-01-13	$130.18	$0.00	37.8%	5.8%	11.6%	51.8%	0.0%	6.0%	1.4%	-14.7K	37.8K	-2.9K	0.00	92.32	0	0	24	198
2020-01-14	$129.97	$0.00	38.6%	6.9%	11.7%	53.7%	0.0%	6.3%	-2.2%	-13.8K	49.3K	-3.0K	0.00	89.53	0	0	24	198
2020-01-15	$130.63	$0.00	28.4%	8.1%	9.9%	31.6%	0.0%	8.6%	-7.4%	-12.3K	3.5K	-2.7K	0.00	93.98	4	0	24	198
2020-01-16	$130.04	$0.00	23.3%	6.7%	10.4%	20.7%	0.0%	7.8%	-0.3%	-1.4K	42.0K	-2.9K	0.00	91.77	0	0	24	198
2020-01-17	$129.29	$0.00	22.7%	6.5%	10.7%	19.4%	25.9%	3.1%	0.9%	-17.0K	40.4K	-2.7K	0.00	110.59	4	0	24	198
2020-01-21	$130.30	$115.00	22.1%	6.4%	9.6%	18.2%	0.0%	4.7%	-0.4%	-19.8K	95.2K	-2.8K	0.00	80.83	0	0	18	195
2020-01-22	$131.39	$115.00	25.5%	7.3%	9.6%	25.4%	0.0%	7.4%	-3.3%	-19.4K	78.7K	-2.8K	0.00	95.47	6	0	18	195
2020-01-23	$131.97	$115.00	25.2%	7.2%	8.7%	24.8%	23.7%	2.3%	2.6%	-17.0K	5.8K	-2.8K	0.00	105.88	2	0	24	195
2020-01-24	$130.32	$115.00	26.2%	7.5%	10.3%	26.9%	0.0%	1.8%	-2.0%	-17.1K	22.0K	-2.9K	0.00	109.72	1	0	26	195
2020-01-27	$130.04	$115.00	26.4%	7.6%	10.2%	27.3%	34.4%	7.4%	-2.9%	-16.5K	52.2K	-2.9K	0.95	98.87	21	20	26	195
2020-01-28	$130.02	$115.00	23.3%	6.7%	10.2%	20.6%	0.0%	6.8%	-2.4%	-18.8K	-26.0K	-3.7K	0.00	104.95	2	0	47	215
2020-01-29	$127.32	$115.00	30.0%	8.6%	12.9%	35.0%	39.5%	-2.3%	-12.6%	-20.8K	30.5K	-3.8K	0.00	112.98	6	0	49	215
2020-01-30	$127.44	$115.00	36.8%	10.5%	12.7%	49.7%	0.0%	4.8%	-10.1%	-20.8K	147.5K	-4.3K	0.00	105.93	0	0	49	215
2020-01-31	$132.91	$115.00	16.1%	4.6%	19.4%	5.0%	23.1%	7.6%	0.3%	-16.7K	-179.2K	-3.3K	0.25	111.00	4	1	49	215